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Updated over 1 year ago on . Most recent reply
![Jorge Vazquez's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/696308/1704942933-avatar-homes4income.jpg?twic=v1/output=image/crop=801x801@303x0/cover=128x128&v=2)
Do you know what Corporate Rentals are?
Do you know what Corporate Rentals are? They are properties that corporations rent out to provide their employees with a place to stay while they work in a certain area or to entertain clients and VIPs. The great thing about it is that the landlord (real estate investor) gets to earn higher rental income compared to non-corporate rental properties. The rent for these types of rentals is paid monthly, usually on a long-term contract that can last up to two years. This means that property owners can charge higher rates compared to short-term rentals. These properties are usually rented out to companies in a condition that best suits their needs, which includes all the furnishings and amenities they desire.
I currently have two rented to the same company until September 2023.
- Jorge Vazquez
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Connor,
2 good content providers I use for MTR...
https://www.youtube.com/@erina...
https://www.youtube.com/@Jesse...
Both of these offer good information re. MTR. I'm in the process of changing from LTR to MTR on some of my units and have found lots of good advice here.